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    Purchasing Power Parity

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    • The Reality Of '1 Crore Salary Packages' | Purchasing Power Parity Explained

      Whenever we hear someone talking about their salary packages abroad, we start making currency conversions and calculations. But what we forget is the actual purchasing power of it! Watch this video where we explain how the purchasing power parity works.

    • In PPP terms, India became the third-largest economy back in 2009

      We overtook the UK economy in PPP terms as far back as 1993. However, in per capita income in PPP terms, India ranks 128th out of 193 countries in the IMF database  

    • China is the world’s biggest economy, in PPP terms

      If we measure GDP in current US dollars, China’s economy will be three-quarters of the US next year. The closing gap is the underlying reason for the US-China cold war 

    • 'Promoting biz, investment necessary to address trade deficit'

      "The issue of trade deficit between India and China needs to be addressed and therefore, promoting business, trade and investment is necessary between the two countries," Liu Jinsong, Minister Counsellor, Embassy of China in India said.

    • India lags several nations in per capita income: Govt

      India is lagging behind several countries in per capita income due to different levels of development and various other factors, Parliament was informed.

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